1. What are Long-Term Assets? Does the company have Long Term Assets? Who are...

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Accounting

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1. What are Long-Term Assets? Does the company have Long Term Assets? Who are they? How much? (at the beginning and end of the year).

2. What are Fixed Assets? Does the company have Fixed Assets? Who are they? How much? (at the beginning and end of the year).

Is given: INCOME STATEMENT in thousands of euros 2019 2018 336 4,797 (4,112) 685 Revenue Cost of goods sold Gross profit Marketing expenses General and administrative expenses Other operating income Other operating expenses Operating profit (Loss) Finance costs Finance income from investments in subsidiaries Profit before tax Deferred income tax expense Net profit for the year (234) 102 (32) (2,022) 2,059 (129) (22) (183) 14,477 14,272 (87) 14,185 (60) (1,891) 25,430 (245) 23,919 (182) 20,322 44,059 44,059 STATEMENT OF FINANCIAL POSITION in thousands of euros 31.12.2019 31.12.2018 ASSETS Current assets Cash and cash equivalents Receivables and prepayments Inventories 103 3,441 560 4,104 7,979 1,081 746 9,806 Non-current assets Investments in subsidiaries Other long-term financial assets Property, plant and equipment Intangible assets 123,120 48.776 246 96 123,332 44,831 155 108 172,238 176,342 168,426 178,232 TOTAL ASSETS LIABILITIES Current liabilities Borrowings Trade and other payables Short-term provisions 3,058 1,068 1,032 1,516 16 9 4,135 2,564 Non-current liabilities Long-term borrowings 5,115 5,169 5,169 9,304 5,115 TOTAL LIABILITIES 7,679 7,929 793 7.929 793 EQUITY Share capital Statutory reserve capital Retained earnings TOTAL EQUITY TOTAL LIABILITIES AND EQUITY 158,316 167,038 176,342 161,831 170,553 178,232

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